Dec 12, 2019 Caesars Entertainment is betting big that its new land-based casino in Southern Indiana will curb any stagnation and make the venue a go-to spot in the area for hospitality. The company opened the.
Oct 11, 2020 Caesars Southern Indiana in Elizabeth, Ind., has reopened its poker room. Nine tables are in use and games are 5-handed. No tournaments or promotions, and masks are required. For more information on poker room reopenings, visit our Reopen webpage.
Dec 25, 2020 Caesars Southern Indiana is Caesars’ second property in the Hoosier State the company has agreed to sell this year. The casino giant announced in October that it had entered into an agreement to offload Tropicana Evansville to Bally’s Corporation. That deal is expected to close by mid-2021.
ELIZABETH, Ind. (AP) — Caesars Entertainment has reached an agreement to sell a southern Indiana casino to the North Carolina-based Eastern Band of Cherokee Indians for $250 million, the company said.
Caesars Entertainment officials announced the sale agreement for Caesars Southern Indiana on Thursday ahead of the company’s Dec. 31 deadline to divest from the casino operation, located in the Harrison County town of Elizabeth, across the Ohio River from Louisville, Kentucky.
The agreement is an expansion of an existing partnership between the company and the Eastern Band of Cherokee Indians, or the EBCI, The News and Tribun e reported.
At the closing of the deal, EBCI will enter into a new lease with VICI Properties Inc. with annual payments of $32.5 million.
The 20-year-old casino retired its three-floor riverboat in late 2019 and moved into a new, $85 million land-based building that offers 100,000-square-feet (9,290-square-meters) of gambling space, including slot machines, table games, and poker, and room for dining and entertainment.
Caesars Indiana Grand
Fantasy springs casino poker room. After it was acquired through a public merger with Eldorado Resorts Inc., Caesars was ordered by the Indiana Gaming Commission to sell three of its five casinos in the state.
Caesars Indiana
Along with the Elizabeth casino, Caesars chose to sell its Evansville and Hammond properties.